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20121201
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a deal in time. after spending part his christmas holiday visiting presidenthow y. hawaii, obama will return to resume talks. formal negotiations have yet to be scheduled. the house will reconvene on thursday. >> we have seen this game played before. it literally came down to the last minute. >> is the country goes over the fiscal cliff, some economists fear the combination of budget cuts and higher taxes could trigger another recession. others say the deadline is not as firm. congress could pass a temporary measure early that would roll back any changes. political analysts warn some consequences may be immediate. >> maybe a tremendous response and that would alarm everybody. >> stock prices dropped friday after a republican-led plan collapsed. nearly half of americans are doubtful the two sides can settle their differences. >> when the uncertain. tax rates will go up on 30 million households at least. that is something the politicians are going to respond to. >> house republican leaders called on the senate to pass to bills they said would avoid the fiscal cliff. republicans sai
, but an important one for some republicans. >> president obama spoke to congressional leaders before he left hawaii by phone yesterday. senator mcconnell says he would be happy to look for to any proposal from the president. >> economists have warned that failure to address the fiscal cliff could send our country back into recession. maryland live! casino now open 24-7. before they closed at 2:00 a.m. and 4:00 a.m. on friday and saturday. but this morning the anne arundel location , that stores for the very last time. >> they unlocked at 8:00 and there was a waiting line to get in. this is all early buzz for the 24-hour operation. before now, the casino had to close its doors, but not any more. and adult beverages here are now sold around-the-clock. >> 24 hours a day -- all day long, all night long, all year long. we are pretty excited about that. >> i think it is great. it will bring more revenue into the stage. i think it is win-win. >> i think it is great. it makes it more like vegas. >> this comes before a big night of the year for the entertainment industry -- new year's eve. maryland live! ex
hawaii for 50 years. he died of respiratory complications last monday. he was 88 years old. former president bush is still in stable condition in a houston hospital. the 88-year-old former president has been hospitalized since november undergoing treatment for bronchitis. doctors are opportunistic he will make a full recovery. they said today he still needs to build up strength before they can release him. no discharge date has been set . >> it looks like the weather will be active as we head into the holiday week. just a few scattered clouds right now. when we turn the corner toward christmas, that will change. it is dry right now at the airport. there is a chance we could see light rain or snow during the day on monday, christmas eve. it should be drawn on christmas day. a bigger storm on wednesday and thursday. we have a lot to talk about in the forecast. we will do that momentarily. >> many spent the day doing last-minute shopping. we caught up with some procrastinators. the poll released by consumer reports found 132 million people had not finished their shopping. 26 million h
obama is calling on both sides to find a compromise. >> before heading off to hawaii to celebrate christmas, president obama tried to give lawmakers something to think about on their own holiday break. >> think about the obligations we have to the people. >> nine days before the fiscal cliff and not a creature was stirring in washington. negotiations at an impasse. the president says he hopes the holiday spirit will inspire a change of heart. >> they can drink some eggnog and have some christmas cookies. >> republicans say the president's deal is too hard to swallow. >> it would hurt jobs. >> speaker boehner's plan to raise taxes on americans making more than $1 million a year was scuttled by fellow republicans. it is dead in the water with senate democrats. president wants to lock in tax cuts for 98% of americans. some house republicans refused to raise taxes on anyone. for a few days, both sides are setting aside politics. >> i wish all of the american people in a blast and merry christmas. >> merry christmas, ever ready. >> happy hollow -- happy holidays. >> the president and s
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